May 30, 2014

The Daily Bankruptcy News

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Law:

The Examiners on GM’s Liability: Anders J. Maxwell --- Perry Mandarino
(DBN)

The 2014 Am Law 200: Survival Of The Fittest --- The Am Law Second Hundred: Punching Above Their Weight
(DBN)

Optimistic Expectations Are Playing Out, But Struggles Linger
(DBN)

Chadbourne Elevates Bankruptcy Lawyer To Counsel --- Robert J. Gayda
(DBN)

Black Partners—and Lawyers—Still a Rarity in BigLaw --- How Can A Black Person Get Ahead In Biglaw?
(DBN)

Working Overseas: Asking The Right Questions Before You Take The Plunge
(DBN)

Fixing Law Schools: Are More Types of Degrees the Answer?
(DBN)

From Law School to The Basic School
(DBN)

Lawyer seeking change of pace wanted, must be willing to travel
(DBN)

Women Lawyers Bring Added Value to Corporate Boards
(DBN)

Daddies Make More Money!
(DBN)

Business of Law
(DBN)

Freshfields raises pay - record Magic Circle wage
(DBN)

This Guy Wants To Kill All Your Biglaw Job Opportunities
(DBN)

I Know It’s A Shock, But Law Firms Are Jeopardizing Client Information
(DBN)

Mindy Kaling Made Fun Of Lawyers In An Amazing Harvard Law Graduation Speech --- Reminds Harvard Law Grads That They’re Evil
(DBN)

These 4 types of summer associates may get no offers
(DBN)

Bachelorette Using ‘What She Learned In Law School’ To Choose Fake Husband
(DBN)

Lawyerly Lairs: Ronan Farrow’s $1.5 Million Bachelor Pad
(DBN)

Ballmer Buys The LA Clippers For $2 Billion --- The 20 Wealthiest Sports Owners In The US
(DBN)

Victim of Chicago Police Torture Will Get Just $3,000 in Damages
(DBN)

Take These 10 Steps To Be More Likable At The Office
(DBN)

Police Knew Of California Gunman's Videos But Didn't Watch Them
(DBN)

Bonkers Law Firm Website of the Week: Welcome to the Nightgarden
(DBN)

Boycott seeking $70 per hour for court-appointed lawyers fizzled when other attorneys took the cases
(DBN)

Assault Charges against Camille Grammer’s Bankruptcy Attorney/Ex-Boyfriend Dimitri Charalambopoulos Dropped
(DBN)

Say What?!
(DBN)

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Judges:

Tentative Selection Of New Bankruptcy Judge For ED PA
(DBN)

Looking Back at the Career of one of America’s Most Controversial Judges
(DBN)

Harvard and Rochester Professors Discover How to Make Republican Judges More Liberal
(DBN)

Prosecutor asks top court to block judge from hearing all 280 cases handled by his office
(DBN)

Man charged in murder attempt on judge also wanted to slay DA and federal judge, authorities say
(DBN)

Suspended without pay, judge asks top state court to treat her alcoholism as a disability
(DBN)

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Wall Street:

Stock futures on the fence ahead of spending data
(DBN)

Weak US economy report dents global stock markets
(DBN)

S&P 500 sets another record closing high on growth bets
(DBN)

High-Speed Trading Perks Said to Be Focus of CFTC Review
(DBN)

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Layoffs:

Siemens to Remove 11,600 Job Positions in Streamlining
(DBN)

8 Questions You Should Ask Your Interviewer To Show How Smart You Are
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

GM made $22.6 billion. We lost $10.6 billion
(DBN)

GM expected to finish investigation, considering compensation fund
(DBN)

GM Seeks N.Y. Court for Recall Suits as Deaths Claimed
(DBN)

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Food/Beverage:

CEO of Capitol Hill Restaurants in Bankruptcy Had His Own Problems
(DBN)

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Celebs:

'Chrisley Knows Best' Cast: Todd's First Wife Accuses Him of Domestic Abuse & Reveals Dark Past?
(DBN)

Mary J. Blige pays off her debt
(DBN)

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Economy:

U.S. economy contracted 1% in the first quarter
(DBN)

A chillier economy greeted with a shrug
(DBN)

Factory-Job Rebound Produces Winners, Losers
(DBN)

Fed's George Wants Rate Hikes Soon
(DBN)

U.S. Jobless Claims Drop --- Applications for US jobless aid near 7-year low
(DBN)

Fewer Americans Now on Food Stamps
(DBN)

World Bank Sounds Alarm On Sharp Rise In Global Food Prices
(DBN)

Elizabeth Warren Pushes Obama to Crack Down on Big Banks with Fed Nominations
(DBN)

Piketty's Capital: An Economist's Inequality Ideas Are All the Rage --- Thomas Piketty Rebuts Financial Times Critique --- Knives are Out in Piketty Data Debate
(DBN)

Highway crashes cost US $871 billion a year, Feds say --- NHTSA: $277 billion in direct costs
(DBN)

Derivatives Worldwide Hit 710 Trillion, According To BIS Study
(DBN)

How People Define Financial Success Around The World
(DBN)

It's not all sunshine for the US economy
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Contracts to Buy US Homes Rose Slightly in April
(DBN)

Borrowers Tap Their Homes at a Hot Clip
(DBN)

Freddie Mac: Mortgage rates down again; 30-year averaging 4.12%
(DBN)

The Real Reason Why Americans Aren't Buying Homes
(DBN)

Bank sets deadline to foreclose on August Wilson Center
(DBN)

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Municipalities:

Early Returns Show Support for Detroit Bankruptcy Plan
(DBN)

Angry Judge II: Rhodes Wants To Know Who Messed Up 2,000 Pension Ballots
(DBN)

Can we Grand Bargain before going bust?
(DBN)

Michigan Republicans Vindicate Snyder With Vote to Aid Detroit
(DBN)

Time of essence in Detroit bankruptcy case
(DBN)

DIA vows court battle to protect museum's collection, as city tries to put a price tag on it
(DBN)

Orr to discuss Detroit's bankruptcy reorganization plan at Mackinac Policy Conference today
(DBN)

Detroit Mayor Mike Duggan Says He Does Not Plan To Run For Governor
(DBN)

A Better Solution for Detroit's Blight
(DBN)

Polls: Voters hopeful on Detroit's future, don't want DIA art sold
(DBN)

Detroit losing millions as neighboring counties abandon city water system
(DBN)

Detroiters seek solutions to old-new, black-white divide in frank talks
(DBN)

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Small Business:

100 Billion Clues That Small Business Lending Has Turned A Corner
(DBN)

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Fraud:

Martoma Could Face Nearly 20 Years in Prison, Court Officials Say
(DBN)

Mexico Detains Oceanografia CEO Amid Citigroup Loan Fraud Probe --- Citigroup Mexico Probe Looks at Loan Changes Before Fraud
(DBN)

Ponzi scheme victims await Fast's sentencing
(DBN)

Chicago Fund Manager Charged With $11 Million Ponzi Scheme
(DBN)

Zeek Receiver Seeks Approval For 40% Distribution
(DBN)

Once Presumed Dead, Captured Fugitive Details Life On Lam After Collapse Of $21 Million Ponzi Scheme
(DBN)

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Healthcare:

Struggling community hospitals in Georgia are reinventing themselves as freestanding ERs
(DBN)

10 Most Obese Countries
(DBN)

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Retailing:

Troubled Abercrombie & Fitch posts smaller-than-expected loss --- An Easy Way to Shrink Abercrombie & Fitch: Let the Leases Go
(DBN)

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Religion:

Pope declares 'zero tolerance' on child abuse
(DBN)

____________

Politics:

Warren on GOP Philosophy: 'I Got Mine, the Rest of You Are on Your Own'
(DBN)

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Gambling:

River Rock Casino to default on bonds
(DBN)

____________

Personal Finance:

How To Get Free Refills At Starbucks --- Man Sets New Record For Most Expensive Starbucks Drink Order Ever
(DBN)

8 Upfront Purchases That Can Save You A Ton Of Money Over Time
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 new filings today)
(DBN)

Bankruptcy Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Avoidance Actions:

Kerr-McGee settlement proceeds despite objections
(DBN)

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LBOs:

Fitch: LBOs 29% of Defaults since Financial Crisis
(DBN)

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Electricity:

EFIH 2nd-lien bondholders vie for control via new DIP
(DBN)

____________

Unexpired Leases:

To Assume or Not to Assume, that Is the Question: What Act Constitutes “Assumption” Under Section 365(d)(4) of the Bankruptcy Code?
(DBN)

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Recent Pleadings:

UST, Expressing Concerns Over Patient Safety, Wants Specialty Hospital Case Dismissed
(DBN)

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Insurance:

D&O Insurance: Delaware Supreme Court Rules WaMu Liquidating Trust Coverage Suit Not Yet Ripe
(DBN)

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Corporate Reform:

Report: U.S. Seeks $10 Billion Penalty From BNP Paribas For Evading Sanctions
(DBN)

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Mass Torts:

North Carolina could be fourth state to pass asbestos transparency laws
(DBN)

BP Whines to Supreme Court
(DBN)

____________

Brokers:

Brokers dodge customer complaints with bankruptcy
(DBN)

____________

Debt Collection:

Auto Lender Will Pay $5.5 Million to Settle Charges It Harassed Consumers
(DBN)

____________

Currency:

Bitcoin Is Facing A Potentially Fatal Paradox
(DBN)

____________

Banking:

Citigroup CFO says quarterly trading revenue could slide 25%
(DBN)

____________

Education:

Problems for Morris Brown sale --- Morris Brown sale requires more work
(DBN)

____________

Sovereigns:

Argentina Agrees to Pay $9.7 Billion to Paris Club
(DBN)

Recalcitrant, moi?
(DBN)

Argentina curries favor with Paris Club deal
(DBN)

Argentina says may consider deal with holdout bondholders
(DBN)

____________

UK:

UK economy enjoys falling insolvencies for first time this year
(DBN)

Insolvency practitioner wages campaign against insolvency litigation plans
(DBN)

PPF proposes new insolvency risk model
(DBN)

PPF levy overhaul still leaves a lot up in the air
(DBN)

UK to count prostitution, drugs when measuring GDP
(DBN)

Liquidation for law firm shut down by SRA
(DBN)

____________

PIIGS:

Etihad set to save Alitalia: report
(DBN)

'It's my money' Drumm wife claimed in $2m deal, court told --- David Drumm's mistakes did not add up, says trustee
(DBN)

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Jamaica:

Insolvency committee weighs receivership fees, regulatory clashes
(DBN)

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